BEIJING (Reuters) - China plans to grow its sports sector into a 5-trillion-yuan (647.16-billion pounds) industry by 2025 to boost employment and domestic consumption in its "new" economy, the government said on Monday.
Under a sweeping reform plan, China aims to boost domestic consumption to replace exports and heavy investment as the traditional drivers of growth in the world's second-largest economy.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
